Pluribus Networks Receives Strategic Investment from China Broadband Capital

 Pluribus Networks Receives Strategic Investment from China Broadband Capital

PR Newswire

PALO ALTO, Calif., March 25, 2013

PALO ALTO, Calif., March 25, 2013 /PRNewswire/ --Pluribus Networks, the leader
in hardware-accelerated network virtualization for private and public cloud
datacenters, today announced that China Broadband Capital (CBC) has invested
in the company's Series C funding. This brings the total amount raised to date
to over $44 million from investors including Menlo Ventures, New Enterprise
Associates, and Mohr Davidow Ventures. The funding will be used to meet
customer demand for deploying the company's production-ready software-defined
virtualized Fabric offering in China.

Pluribus Networks was founded in 2010 and announced in September, 2012 that it
had partnered with TIBCO Software Inc. to deliver TIBCO Enterprise Message
Service™ Appliance and TIBCO FTL® Message Switch. Network World recently
recognized Pluribus as a "Top 10 SDN Startup to Watch."

"As the first Chinese VC that specializes in cloud computing industries, CBC
Capital has fostered strong relationships with government and businesses,"
said Dr. Edward Tian, Chairman of CBC. "The Pluribus Networks Server-Switch
architecture is the ideal platform for offering the Network-as-a-Service to
cloud computing and Big Data in China. Webscale hardware leveraged with
Pluribus Networks at the top or middle of the rack can be provisioned
on-the-fly as a purpose-built Hadoop appliance or general-purpose
Infrastructure-as-a-Service with an integrated CloudStack controller. Chinese
companies on hyper-growth trajectories have an immense appetite for cloud
computing and data-driven analytics."

Pluribus Networks Netvisor® is a programmable, distributed network operating
system that runs on Pluribus Networks' highly-optimized Server-Switch™
hardware. Netvisor provides a platform for fabric-based computing that enables
applications to move into the network, and to serve both physical and virtual
network infrastructure. The solution is highly modular and fault tolerant with
a self-healing design that enables extremely high operational flexibility and
makes zero-touch provisioning of virtual machines and network services a
reality.

"Cloud computing is driving the convergence of server, storage, and network,"
said Ken Yang, Co-Founder and VP of Engineering at Pluribus Networks. "The
expertise of China Broadband Capital in supporting companies in cloud
computing will accelerate our ability to deliver software-defined networking
software and infrastructure for cloud data centers in China. We are looking
forward to collaborations with the companies in their portfolio."

Availability

The Pluribus Networks Netvisor® solution is currently available to select
customers on the Pluribus Networks F64 Series platform.

About Pluribus Networks

Pluribus Networks is a leader in performance-oriented network virtualization
for private and public cloud datacenters. Our systems transform how IT
administrators deploy applications so they can realize productivity gains and
enable new business models. Pluribus Networks delivers operational excellence
by optimizing datacenter network utilization while maintaining required levels
of performance, reliability, and availability.Information about Pluribus
Networks can be found at http://www.pluribusnetworks.com.

About China Broadband Capital

China Broadband Capital (CBC) is a China-based private equity firm with focus
on media and communications investment. CBC has an exceptional investment team
with complementary backgrounds and experiences consisting of industry leaders
and executives, private equity professionals and entrepreneurs. The unique
combination of our diversified skill sets, experiences and relationships
enables us to add value throughout the investment process, and places CBC in
the best position to help shape the "Digital Eco-System" for China. For more
information, visit http://www.cbc-capital.com.

Pluribus Networks, the Pluribus Networks logo, Server-Switch™, iTOR™,
Netvisor®, nvOS®, and vManage® are trademarks or registered trademarks of
Pluribus Networks, Inc. in the United States and other countries. All other
trademarks, service marks, registered marks, or registered service marks are
the property of their respective owners.

SOURCE Pluribus Networks

Website: http://www.cbc-capital.com
Website: http://www.pluribusnetworks.com
Contact: Rolf Muralt, 1-650-618-5490, rolf.muralt@pluribusnetworks.com